Accion Microfinance Bank has completed the full repayment of its N2 billion Series 1 Commercial Paper issuance, returning all funds due to investors within the stipulated timeline.

The commercial paper, which was launched in August 2025, received strong market acceptance at issuance, marking a significant milestone in the bank’s capital market journey and strengthening its position within Nigeria’s financial services sector.

The successful repayment underscores the bank’s ability to meet its financial obligations and further reinforces its reputation as a credible issuer in Nigeria’s debt capital market.

Speaking on the development, Managing Director and Chief Executive Officer of Accion Microfinance Bank, Taiwo Joda, said the repayment reflects the strength of the bank’s business fundamentals and its commitment to maintaining the confidence of investors and stakeholders.

He added that the milestone demonstrates the bank’s focus on sustainable growth and long-term value creation.

The bank noted that by meeting its obligations with diligence and integrity, it has further strengthened its standing as a dependable issuer and laid the foundation for deeper engagement with the investment community.

According to the bank, the positive response to the commercial paper reflects investor confidence in its resilient business model and its commitment to advancing financial inclusion through innovative financial solutions tailored to individuals as well as micro, small and medium-sized enterprises across the country.

Accion Microfinance Bank also said that as it marks 20 years of operations, it remains focused on empowering individuals, supporting businesses and expanding financial inclusion in Nigeria.

The bank added that the successful repayment of the commercial paper further demonstrates its financial strength and commitment to delivering value to customers, investors and other stakeholders.